Exco Technologies (TSE:XTC) Shares Pass Above 200-Day Moving Average – Should You Sell?

Exco Technologies Limited (TSE:XTC)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$6.71 and traded as high as C$6.88. Exco Technologies shares last traded at C$6.77, with a volume of 9,681 shares traded.

Exco Technologies Stock Down 2.7%

The company has a quick ratio of 1.30, a current ratio of 2.83 and a debt-to-equity ratio of 26.17. The stock has a 50-day simple moving average of C$6.72 and a two-hundred day simple moving average of C$6.71. The firm has a market cap of C$257.02 million, a PE ratio of 10.75 and a beta of 0.72.

Exco Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were given a $0.105 dividend. The ex-dividend date was Wednesday, December 17th. This represents a $0.42 annualized dividend and a yield of 6.2%. Exco Technologies’s payout ratio is presently 66.67%.

Insider Buying and Selling at Exco Technologies

In other Exco Technologies news, insider Darren Michael Kirk bought 4,300 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The stock was bought at an average price of C$6.71 per share, for a total transaction of C$28,853.00. Following the completion of the acquisition, the insider directly owned 9,300 shares in the company, valued at C$62,403. The trade was a 86.00% increase in their ownership of the stock. Corporate insiders own 51.81% of the company’s stock.

About Exco Technologies

Exco Technologies Ltd is a designer, developer, and manufacturer of dies, moulds, components and assemblies, and consumable equipment for the die-cast, extrusion, and automotive industries. The company reports in two business segments namely, Casting and Extrusion segment and Automotive Solutions segment. It generates maximum revenue from the Automotive Solutions segment. The Automotive Solutions segment produces automotive interior components and assemblies primarily for seating, cargo storage, and restraint for sale to automotive manufacturers and Tier 1 suppliers.